Noront Resources

High-grade Ni-Cu-Pt-Pd-Au-Ag-Rh-Cr-V discoveries in the "Ring of Fire" NI 43-101 Update (March 2011): 11.0 Mt @ 1.78% Ni, 0.98% Cu, 0.99 gpt Pt and 3.41 gpt Pd and 0.20 gpt Au (M&I) / 9.0 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inf.)
in response to Rundle's message

Good advice Rundle. At this stage, I think it might be a risk to get Cramer involved. With the lack of news yet on results of DE2 and drilling on other sites, we may get lacklustre comments from him. In fact, to attract attention to the stock right now might not be a good idea. Technical analists might note the stock is showing bearish trends in the 15 and 100 day indicators.

Obviously, the new releases to this point have not shored up the SP to what everyone seems to think it should be, and haven't been exciting enough to this point to attract the attention of the likes of Cramer. Even the teaser reports on BNN from the likes of Sprott have not moved the SP that much. If people have to flip back a few weeks/months to find anything exciting, then they will wonder if anything will ever come out of this stock, and it may encourage shorters, suckers though they may be.

However, if we wait until the news comes out to approach him, it would be a double whammy. A news release may not get the attention it deserves, until a talking head like Cramer mentions it. Then a lot of people will start reading it and paying attention. The excitement of yet another find here, possibly being enough to start mining, will drive the SP ballistic.

We will see the SP go up in the next couple of weeks. NOT is due for NR related to DE2 and visuals from their drilling program, and SPQ has been pulling cores out of the ROF ground for almost 2 weeks; within 2 weeks we should get assay results back on these.

IMO: Emails are instant delivery and waiting to send a request for coverage won't hurt anyone. Not waiting could be crying wolf.

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Noront Resources
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